BJ’s Wholesale Club announced the opening of its 11th club in North Carolina, located at 370 Trinity Springs Lane in Selma. The new store will begin operations on January 23, 2026, and will feature an on‑site BJ’s Gas station that started serving customers on January 7.
The Selma club is part of BJ’s broader expansion plan, which calls for 25 to 30 new locations over the next two fiscal years. The company’s strategy focuses on capturing new membership bases in high‑growth markets, and the Selma site adds a strategic footprint in the Triangle region, where BJ’s currently holds a 3.2% market share behind Costco’s 6.7% and Sam’s Club’s 3.8%.
Financially, BJ’s reported a net income of $122.7 million for Q4 fiscal 2024, down from $145.9 million in the same quarter a year earlier, while full‑year net income rose to $534.4 million from $523.7 million. Comparable club sales, excluding gasoline, grew 4.6% in Q4 fiscal 2024, driven by increased traffic and a 7.9% rise in membership fee income. Digitally enabled comparable sales also expanded, up 26.0% year‑over‑year in Q4 fiscal 2024, reflecting the company’s emphasis on e‑commerce and curbside pickup.
The Selma opening comes amid a competitive landscape that includes local grocers such as Food Lion, Azteca Market, and Selma IGA Supermarket. BJ’s differentiates itself through a treasure‑hunt shopping experience, bulk pricing, and a strong digital platform that supports same‑day delivery and curbside pickup. In the broader Triangle area, BJ’s has been steadily growing its membership base, reaching a record 8 million members in Q2 fiscal 2025, with a 90% tenured member renewal rate.
CEO Bob Eddy highlighted the company’s “all‑time high membership results” and “significant growth in digital sales” as key drivers of a record fiscal 2024. CFO Laura Felice described the outlook for fiscal 2025 as “cautiously optimistic,” noting macro‑driven uncertainties but confidence in maintaining profitability through disciplined cost management and strategic investments in high‑return verticals.
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